Vietnam’s animal feed export surpasses US$1 bln for first time
Vietnam’s export of animal feed and materials surpassed US$1 billion for the first time to US$1.049 billion from early this year to mid-December, reported the General Department of Vietnam Customs.
The figure topped US$81 million in the first half of December.
The biggest importer was China with an export turnover of more than US$330.73 million, or 34% of the country’s total exports, up 75.6% annually.
Cambodia came second with US$137.41 million, up 22.7% year-on-year, equivalent to 14.1%.
The third largest market was India with US$95.86 million, marking an annual increase of 36% and accounting for 9.9%.
In 11 months of this year, Vietnam’s export to several markets hiked compared to the same period last year. Its earnings from the Philippines soared by 165.3% to US$69.13 million while those from Thailand surged by 78.2% to 28.65%.